Common use of Bidder's Statement Clause in Contracts

Bidder's Statement. (a) Bidder must prepare the Bidder’s Statement and an acceptance form for the Offer in accordance with the Corporations Act, which acceptance form will include, among other things, customary warranties by the Accepting Shareholder regarding its ownership of Target Shares and status as a non-Foreign Shareholder. (b) Bidder will give Target a reasonable opportunity to review an advanced draft of the Bidder’s Statement at least 5 Business Days before the Bidder is required to lodge the Bidder’s Statement with ASIC, and will consider in good faith any comments Target may have and that are furnished to Bidder in writing within 3 Business Days after Bidder furnished such advanced draft of the Bidder’s Statement.

Appears in 2 contracts

Sources: Deed of Amendment (Wize Pharma, Inc.), Bid Implementation Agreement (Wize Pharma, Inc.)